Credit Losses on Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Credit Loss [Abstract]

Activity in allowance for credit losses

The following table presents the activity of our allowance for credit losses for our accounts receivable portfolio:

	(Dollars in millions)
Beginning balance at December 31, 2021	$	39
Provision for expected losses	7
Write-offs charged against the allowance	(12)
Recoveries collected	2
Change in allowance in assets held for sale (1)	1
Ending balance at June 30, 2022	$	37

(1)As of June 30, 2022 and December 31, 2021, amount excludes allowance for credit losses classified as held for sale of $2 million and $3 million, respectively. See Note 2—Recently Completed Divestiture of the Latin American Business